$240,000

405 N Wabash Ave Unit 1505 Chicago, IL 60611

River North Neighborhood

Estimated payment $1,995/month

Total Views 616
1 Bed
1 Bath
545 Sq Ft
$440 Price per Sq Ft

Highlights

  • Doorman
  • 4-minute walk to Grand Avenue Station (Red Line)
  • Business Center
  • Fitness Center
  • Community Indoor Pool
  • Sundeck

About This Home

Enjoy city living in this nicely renovated Jr 1-bedroom unit. This west-facing condo has been designed to maximize space and comfort. Step inside to find wood floors and large windows that fill the space with natural light. The enclosed sleeping area offers a nice separation from the rest of the unit, while a spacious walk-in closet and an additional alcove provide plenty of room for storage or a cozy home office nook. The updated kitchen provides a nice cooking experience, featuring quartz countertops, a stylish tile backsplash, and shaker-style cabinets with modern metal handles. The stainless steel appliances and abundant counter and storage space make meal prep a joy. The updated bathroom boasts a nice vanity with ample storage for your essentials. This unit is located in the River Plaza building, a full-amenity hub that caters to your every need. Enjoy peace of mind with 24-hour door staff, on-site management, and maintenance. Stay active in the 24 hour fitness tub, indoor pool & hot tub, or soak up the sun on the sun deck. The building also offers a convenient receiving room, a hospitality room, and on-site laundry with a user-friendly app feature. The building has an owner occupancy of 62% and the building reserves are at 1.2 million. The building does not have any rental caps or rental restrictions. The building does need a 1 year lease min. Currently the unit has a tenant and the lease agreement must be honored. The lease will end on April 30, 2026. Step outside of this nice building and you'll find yourself in the heart of the action. Enjoy an effortless lifestyle where everything you need is just a short walk away. Stroll along the scenic Chicago River, explore the world-famous Magnificent Mile, and discover endless options for great dining and shopping. With easy access to public transportation, the entire city is at your fingertips. Don't miss the chance to own this fantastic unit.

Listing Agent

Haroon Khan

Streeterville Realty, LLC License #475152943 Listed on: 08/11/2025

Co-Listing Agent

Anthony Garcia

Streeterville Realty, LLC License #475166708

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,957

Year Built

  • Built in 1977 | Remodeled in 2021

HOA Fees

  • $441 Monthly HOA Fees

Home Design

  • Studio
  • Concrete Block And Stucco Construction

Interior Spaces

  • 545 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Community Details

Overview

  • Association fees include heat, air conditioning, water, insurance, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 678 Units
  • Jaime Sartin Association, Phone Number (312) 644-3300
  • High-Rise Condominium
  • River Plaza Subdivision
  • Property managed by Community Specialist
  • 51-Story Property

Amenities

  • Doorman
  • Sundeck
  • Restaurant
  • Business Center
  • Party Room
  • Coin Laundry
  • Elevator
  • Package Room

Recreation

  • Fitness Center
  • Community Indoor Pool
  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,957

Year Built

Built in 1977 | Remodeled in 2021

Lot Details

0

HOA Fees

$441 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories),Studio
  • Ownership: Condo
  • EntryLevel: 15
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories),Studio
  • Subdivision Name: River Plaza
  • Year Built: 1977
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 51
  • Year Renovated: 2021

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 545
  • Room Type: No additional rooms
  • Stories Total: 51
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Concrete
  • List Price: 240000
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Number Limit
  • Association Fee: 441
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Health Club, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Receiving Room, Restaurant, Business Center, Laundry
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Community Specialist
  • Management Contact Name: JAIME SARTIN
  • Management Phone: 312-644-3300

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Insurance, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes

Tax Info

  • Tax Annual Amount: 2957
  • Tax Year: 2023

Multi Family

  • Units in Building: 678

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,957 $14,038 $829 $13,209
2023 $2,882 $14,013 $668 $13,345
2022 $2,882 $14,013 $668 $13,345
2021 $2,818 $14,013 $668 $13,345
2020 $2,745 $12,322 $515 $11,807
2019 $2,688 $13,378 $515 $12,863
2018 $2,643 $13,378 $515 $12,863
2017 $2,619 $12,164 $439 $11,725
2016 $2,436 $12,164 $439 $11,725
2015 $2,229 $12,164 $439 $11,725
2014 $1,917 $10,330 $343 $9,987
2013 $1,879 $10,330 $343 $9,987
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 For Sale $240,000 0.0% $440 / Sq Ft
04/13/2022 04/13/22 Rented $1,650 0.0% --
04/13/2022 04/13/22 For Rent $1,650 +24.5% --
03/15/2021 03/15/21 Rented $1,325 -1.9% --
03/08/2021 03/08/21 Under Contract -- -- --
03/03/2021 03/03/21 Price Changed $1,350 -3.2% $2 / Sq Ft
02/20/2021 02/20/21 Price Changed $1,395 -2.1% $3 / Sq Ft
01/13/2021 01/13/21 For Rent $1,425 -8.1% --
12/14/2016 12/14/16 For Rent $1,550 +3.3% --
12/14/2016 12/14/16 Rented $1,500 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $140,000 Pntn
Joint Tenancy Deed $54,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $85,000 Unknown
Previous Owner $43,000 Unknown
Previous Owner $43,300 No Value Available
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12441920

Midwest Real Estate Data (MRED)

APN: 17-10-132-037-1212